Hamilton The Rebecca Condos | 96.3m | 30s | Rosehaven | Core Architects

TheHonestMaple said:
Wonder what's going on with this one. Will it ever happen? Or is this another victim of high interest rates?
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Think we just have to be patient. With rates likely to continue to decrease, purchases will start back up slowly, but since it will be more owner occupied it will take longer since we won't have as many investors using HELOCs to finance ever more units.

Secondary markets always take more time to get back up too and with the Design District and 75 James eating up a ton of condo demand in Hamilton it's no surprise to me that the high rate market has slowed to a crawl or stop in Hamilton.

I'm surprised there aren't more rental buildings proposed though with the way rents are going in the city.
 
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